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Haryana signs memorandum of agreements with RBI to boost MSME sector

While presiding a meeting at Chandigarh in which Dushyant Chautala Deputy Chief Minister, , State Employment Minister Anup Dhanak and Additional Chief Secretary Anand Mohan Sharan were also present, Haryana CM Manohar Lal Khattar said emphasised over the current need of boosting the MSMEs ecosystem by active participation of suppliers, buyers, bankers etc there is need of industries and commerce department to exchange memorandum of agreements (MoAs) with three Reserve Bank of India (RBI) approved TReDS (trade receivables e discounting system) entities. The MoAs were exchanged in the presence of all on chief minister on Wednesday.

Speaking on the occasion, Khattar said that Haryana primarily relies on agriculture, but the scope of this sector is limited due to decreasing land holdings. At the same time Khattar said there is a pressing need to diversify into industries and other sectors. He said the government is actively pursuing various schemes to promote and nurture the growth of MSMEs. He also emphasised the present need of boosting the MSMEs ecosystem through active participation of suppliers, buyers, bankers etc.

Deputy chief minister Dushyant Chautala said the industries in Haryana have experienced significant growth in recent years, fostering various forms of industrialisation. He highlighted the increasing number of MSMEs in the state and assured that the government is committed to providing enhanced security and support for these enterprises. Khattar made an appeal to the private industry sector for 75% reservation in jobs in their organization to youths belonging to Haryana state as per policy 2020. During thr meeting, permission was granted for four schemes having Rs 1041 crore investment in Haryana state. Permission was also granted for for sanction of 100 acre land in IMT Rohtak for developing R&D centre.

Speaking on the occasion, Khattar said Haryana primarily relies on agriculture, but the scope of this sector is limited due to decreasing land holdings. Consequently, there is a pressing need to diversify into industries and other sectors at present.. He said the government is actively pursuing various schemes to promote and nurture the growth of MSMEs through active participation of suppliers, buyers, bankers etc.